AURIX EXCHANGE

4 min readFeb 3, 2021

FAST TRADING, DEFI CASHBACK, AND TOPNOTCH APPLICATIONS

Source: https://www.facebook.com/aurix.exchange/

BACKGROUND AND THE IDEA

The rapid development of cryptocurrency today has also made the exchange market grow. With so many exchange markets, of course, the competition between exchange market is getting tougher, but on the other hand, investors have many options for using which exchange provides convenience and benefits for them. Market selection occurs and only the exchanges that have certain “advantages” can survive and even grow.

While some exchanges are ready to compete, others are taking the opposite direction, trying to differentiate themselves by introducing the latest features and services. It takes time to develop, but following other established exchanges is certainly not the smart thing to do. Only exchange market that can create “innovative things” have a better chance of gaining enough market share to survive.

Then how can the new exchange market compete with others that already have big names? Of course, by offering “something that is not owned” by other exchangers. This of course requires a lot of effort considering that some investors are comfortable with the exchange market they have been using.

AURIX EXCHANGE PROJECT

Let me introduce you to a very potential new exchanger called Aurix Exchange which I believe will become a world-class exchanger for selling and buying crypto or other digital assets. Then what are the advantages of Aurix Exchanger in being able to compete? Of course, it’s not enough just giving a user-friendly concept with an attractive interface.

To be able to compete with other exchanges, Aurix Exchange prepares several programs that are offered for traders/users, such as the highest liquidity with fast transaction execution where traders can sell or buy digital assets in just seconds even without hidden fees that are usually charged in other exchangers. Credit cards with De-Fi Cashback without annual fees will make transactions with credit cards more attractive. And what is most special is that it offers a solution for e-commerce and other businesses that accept crypto payments. All of these things are offered without forgetting the aspects of security, comfort, and speed in transactions. Apart from that, the Aurix Exchange platform will trade the top 5 cryptocurrencies so that at an early stage it will attract users/traders. And don’t forget the mobile application feature that makes your transaction activities such as payments, trading, transfers, and others become simple. All at your fingertips.

source: https://www.aurix.exchange/Aurix-Whitepaper.pdf

To simplify the process, Aurix Exchange issues Aurix Token (AUR) which is a utility token that has some features and simple payment functionality. This will provide benefits for users on the Aurix Exchange platform, for example reducing fees for transactions, but you don’t need to have Aurix Token to transact on the AURIX platform. And most interestingly, in the future, Auric Token will have its own blockchain which is certainly quite interesting to look forward to.

OPPORTUNITY AND OBSTACLE

It cannot be denied that the exchange market is one that is growing quite rapidly in line with the increasing enthusiasm of the public in using cryptocurrency. This opportunity was taken by Aurix Exchanger by introducing an exchanger with several advantages that other exchangers may not have. This innovation must be highlighted to attract traders to switch to the Aurix Exchanger platform. It’s not an easy thing to do, but it’s also not impossible considering that Aurix exchanger not only imitates the market leader exchanger but also offers several advantages or innovations that will make it survive in the competition.

CONCLUSION

As a new exchanger among hundreds of established exchangers, Aurix Exchange will make the competition between exchangers more interesting. Some of the advantages mentioned above will certainly make Aurix Exchange able to compete healthily. I am personally very optimistic after seeing and learning the features offered. It is worth looking forward to the future progress of the Aurix exchanger.

TEAMS

Behind the Aurix project, there are people with great capacity in the world of cryptocurrency. This will ensure a well-run project.